German Fintech NAGA to Start Crypto-Focused Social Trading Platform

German Fintech NAGA to Start Crypto-Focused Social Trading Platform
Publicly traded German fintech NAGA, which offers investment in stocks and crypto via its mobile app, is to start a social trading platform in 2022 called NAGAX, NAGA announced Thursday.The platform, set to launch in Q1 this year, will consist of a crypto wallet, an NFT platform, a staking platform, a spot exchange with around 700 tradable assets and a futures and derivatives exchange.NAGAX will aim to offer a “unique Web3 social trading experience,” whereby user-generated content on the platform is converted into non-fungible tokens (NFTs) that can be monetized.”Any user who has access to an Ethereum-based wallet can unlock…